Weekly clearing of nifty Index is proposed from 11th of this month. Therefore options in nifty index will be settled weekly. One has to take position in nifty index option weekly. Then can we take simultaneous position in monthly index option or it will be treated as far week option chain. Please clarify how will it work. The nifty is presently showing monthly option chain on their site.
You can very well take positions in both weekly & monthly options at the same time based on your view